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Apr 24, 2013
04/13
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. >>> on the "cbs moneywatch" hackers target the "associated press" and apple sales fly. ashley morrison is here in new york with that and more. good morning, ashley. >> good morning to you anne-marie. hackers attacked the "associated press's" twitter account. the tweets falsely reported explosions in the white house and that president obama had been injured. the news sent the dow plunging 143 points, but it quickly recovered when the a.p. corrected that report. the syrian electronic army claimed responsibility. the fbi is investigating. >>> the market ended on a positive note with investors encouraged by earnings reports through lockheed martin and other major companies. the dow climbed 152 points, while the nasdaq finished up 35 points. >>> asian markets followed wall street's gains. tok tokyo's nikkei rose more than 2% while hong kong's hang seng added 1%. >>> apple experienced a drop in sales this quarter compared to 2012, the first decline in years, but the tech company says it will also hand out $1 billion to its shareholders over the next two years. it's buying bac
. >>> on the "cbs moneywatch" hackers target the "associated press" and apple sales fly. ashley morrison is here in new york with that and more. good morning, ashley. >> good morning to you anne-marie. hackers attacked the "associated press's" twitter account. the tweets falsely reported explosions in the white house and that president obama had been injured. the news sent the dow plunging 143 points, but it quickly recovered when the a.p. corrected...
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Apr 23, 2013
04/13
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CNBC
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it's just -- people love their apple, they hate their apple and they have feelings about apple. >> i love that light saber sound effect. let's get to the economics calendar, thank you very much. here is today's calendar. and it is very housing focused. at 9:00 eastern, you get the fhfa house price index. an hour later, march new home sales. they're expected to rise by 0.7%. we'll watch the home builders like lenar, etcetera, on those. also at 10:00 eastern, is the richmond fed survey. becky talked about some stocks. we're hitting on dupont. let's check on the broader markets. oil down about 0.9%. 88.39. brent crude down a little more, down 1%. rbob gasoline, because, really, you don't care about gasolioil. you care about gasoline, right? >> it's come down significantly. >> yeah, it has, which is good because that may counteract the effects of the payroll tax high. what about gold? let's check the commodities like gold, the ten-year. down about 7%. 7 bucks to $1414. there's been a bit of a move in sort of the euro. we want to keep an eye on that. there's your currency chart here in th
it's just -- people love their apple, they hate their apple and they have feelings about apple. >> i love that light saber sound effect. let's get to the economics calendar, thank you very much. here is today's calendar. and it is very housing focused. at 9:00 eastern, you get the fhfa house price index. an hour later, march new home sales. they're expected to rise by 0.7%. we'll watch the home builders like lenar, etcetera, on those. also at 10:00 eastern, is the richmond fed survey....
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Apr 18, 2013
04/13
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FBC
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apple suppliers say they see a slowdown of apple's sales. the two stocks led the decline in the market. 4 billion shares traded. the dow is down 138 points, an uptick in volume. the s&p down almost 23 points. the nasdaq fell 16. bank of america stock down almost 5%. j.p. morgan followed with a three and a half% decline. apple stock moving lower. recovering just slightly. down five and a half% today. managing the pop-up to 403 at the close. losing its title of the world's most valuable company, exxon mobi. commodities a week. the price of gold is down $4.70 per ounce. worries about global economic weakness. down $2 per barrel, just below $87. and in the bond market, investors buying bonds sending the yield down to 170%. well, a guest tonight says economic news is bring investors back to reality. he sees this as a short-term pullback. joining us now, chief investment strategist. it could to have you here. this is a little pause. not of fullblown correction. we are ready for the leg up. >> we are handicapping it as such. we are looking around a
apple suppliers say they see a slowdown of apple's sales. the two stocks led the decline in the market. 4 billion shares traded. the dow is down 138 points, an uptick in volume. the s&p down almost 23 points. the nasdaq fell 16. bank of america stock down almost 5%. j.p. morgan followed with a three and a half% decline. apple stock moving lower. recovering just slightly. down five and a half% today. managing the pop-up to 403 at the close. losing its title of the world's most valuable...
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Apr 23, 2013
04/13
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FOXNEWSW
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apple out with numbers that -- well, they're kind of middle ground. you have revenues, overall sales that were a little less than expected. slightly less. still around $10 billion worth. but you have earnings that were a little less -- i should say 43 dental, earnings that -- $43 billion and earnings -- bottom line the company is announcing a $50 billion share buyback. and it is going to significantly add to the buying of shares joust standing. the idea is to go ahead and buy back shares to presumably lift the stock price. right now it is not doing much for the stock price because in afterhours trading, barely budging, down around $403 a share. to give you a sense of the strength of the company overall says, it sold 37 million iphones verse 35 million a year ago. 19-1/2 million ipads versus 11 million a yearing a. the same up in as imacs a year ago, four million, roughly the sam number of ipods. didn't anyone blitzkrieg you with the numbers but palestine for -- but bottom line for apple, not a bad quarter, but it used to just way overwow, and that mig
apple out with numbers that -- well, they're kind of middle ground. you have revenues, overall sales that were a little less than expected. slightly less. still around $10 billion worth. but you have earnings that were a little less -- i should say 43 dental, earnings that -- $43 billion and earnings -- bottom line the company is announcing a $50 billion share buyback. and it is going to significantly add to the buying of shares joust standing. the idea is to go ahead and buy back shares to...
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Apr 23, 2013
04/13
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apple closed about $398 on monday. the stock is down 42% since hitting a record high over $700 in september. so will the company's results leave a sour taste with investors? we'll preview the tech giant's earnings with the editor in about 15 minutes' time. >>> meanwhile, netflix's first quarter profits easily beat forecasts as they reported solid subscriber growth. the company added 2 million new customers for its $8 a month streaming service. the company expects subscriber growth slower in the second quarter, but shares jumped 24% after hours. that makes the company one of the best performers in the s&p this year, up 80%. straight ahead on the program, again, we'll talk about apple's second quarter results and u.s. authorities continue to build their case against a suspect in the boston bombing. we'll pe leave in boston with the latest details, straight ahead. welcnew york state, where cutting taxes for families and businesses is our business. we've reduced taxes and lowered costs to save businesses more than two bill
apple closed about $398 on monday. the stock is down 42% since hitting a record high over $700 in september. so will the company's results leave a sour taste with investors? we'll preview the tech giant's earnings with the editor in about 15 minutes' time. >>> meanwhile, netflix's first quarter profits easily beat forecasts as they reported solid subscriber growth. the company added 2 million new customers for its $8 a month streaming service. the company expects subscriber growth...
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Apr 23, 2013
04/13
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FBC
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it is up 134% year-to-date after the about apple reported the first decline in earnings in a decade but it beats the reduced expectations and profits of $10.9 per share and issuing a general cautious outlook. goldas down losing $12.40 an ounce and that 10 year yields 1.seven o%. the action in the markets today the wilshire 5,000 posted a gain of $200 billion in market cap. joining us now with the outlook for equities is rbc capital market, george, good to have you with us and said weisberg. this loaded venture at 1:00 today, your thoughts? >> the unintended consequences of training regulations and have been implemented over the last seven couriers and the sec rule changes. this is the world we live in. we're still trying to figure out the flash crash from a couple years ago and here we are again. lou: we don't any have any journalist we don't have answers for what occurred. george, your thoughts on the market for the results? >> overall you have to realize we're still the most liquid and the best market in the world. if you think about the amount of money that changed hands even though
it is up 134% year-to-date after the about apple reported the first decline in earnings in a decade but it beats the reduced expectations and profits of $10.9 per share and issuing a general cautious outlook. goldas down losing $12.40 an ounce and that 10 year yields 1.seven o%. the action in the markets today the wilshire 5,000 posted a gain of $200 billion in market cap. joining us now with the outlook for equities is rbc capital market, george, good to have you with us and said weisberg....
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Apr 24, 2013
04/13
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CNBC
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apple will need to innovate. we're in that you got to believe me phase and now we're talking about a time line of the fall. we got support on the dividend and buyback but gross margins and innovation will be key. >> you thought that you would hear about new products even sooner than the fall? >> it was possible that you might hear particularly about a low cost to approach the emerging markets and to offer something for the smartphone user who is more price sensitive. >> hold on a second. if you think of low cost phones, they talked about strength in china. you can't have strength with low cost phones or strengths in emerging markets and not have it impact gross margins. what's more important to you? >> a low cost phone that maintains a margin. they'll need to move some of the product mix out, innovate and i think tvs. i think i radio. something along the lines of i payments. that's what will move the sentiment and move the needle financially. >> i kind of feel this company's pain. after watching the stock be down
apple will need to innovate. we're in that you got to believe me phase and now we're talking about a time line of the fall. we got support on the dividend and buyback but gross margins and innovation will be key. >> you thought that you would hear about new products even sooner than the fall? >> it was possible that you might hear particularly about a low cost to approach the emerging markets and to offer something for the smartphone user who is more price sensitive. >> hold...
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Apr 24, 2013
04/13
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it's been a rough six months for apple. after topping $700 a share in september, the stock is now down 42%. the very rich got rich eras the nation began to recover from the great recession. everyone else got a little bit poorer. a report today by the pew research center says that between 2009 and 2011 the upper 7% of american households saw their net worth increase by 28%. but the vast majority of americans saw their wealth drop by 4%. one reason for the disparity, the very wealthy are heavily invested in the stock market which rose during that period. the city of los angeles will pay more than $4 million to settle claims by two women who were hurt when police mistakenly opened fire on their pick-up truck during the hunt for ex-cop christopher dorner in february. the women were delivering newspapers. one was shot in the back. the other was hit by flying glass. dorner went on a killing spree seeking revenge for being fired. he took his own life after police cornered him. a doctor in boston has an unusual specialty. her story
it's been a rough six months for apple. after topping $700 a share in september, the stock is now down 42%. the very rich got rich eras the nation began to recover from the great recession. everyone else got a little bit poorer. a report today by the pew research center says that between 2009 and 2011 the upper 7% of american households saw their net worth increase by 28%. but the vast majority of americans saw their wealth drop by 4%. one reason for the disparity, the very wealthy are heavily...
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Apr 24, 2013
04/13
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apple. the company saying as it prepares to return cash, more cash to shareholders, it will plan to take on some debt as a way of managing its cash balance. the company for a long time prided itself on having zero debt. soon that will end. the company nonetheless saying they are confident in their ability to churn out new products in the future. beat back its rivals and pointing out that the ipad mini and ipad in general doing very well versus low cost rivals and the iphone had a quarter better than many analysts expected upwards of 37 million units sold. guys, back to you. >> let's get a check now of european markets and after a session yesterday where pretty much no sector was in the red, we're seeing more differentiation this morning. want to look at banks in particular because we're getting that flow of earnings out. we are seeing positive responses from barclays and credit suisse. rbs up 1.5% as well lloyd's is up despite sale of branches to a company in the u.k. and also we're respondi
apple. the company saying as it prepares to return cash, more cash to shareholders, it will plan to take on some debt as a way of managing its cash balance. the company for a long time prided itself on having zero debt. soon that will end. the company nonetheless saying they are confident in their ability to churn out new products in the future. beat back its rivals and pointing out that the ipad mini and ipad in general doing very well versus low cost rivals and the iphone had a quarter better...
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Apr 21, 2013
04/13
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MSNBCW
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we are going to hear from apple, caterpillar, exxon, an unusually high number missed their estimates. we'll get a read on the gross domestic product for the first three months of the year. many analysts predict a sharp slowdown because of the millions in the federal spending cuts. and then how about a cool $2.5 million for a nickel. it is a rare liberty head nickel. it was mistakenly minted in 1913. it is expected to get at least that much at auction this week. it is one of only five known to exist. >>> well, that is a wrapup of this special sunday morning edition of "weekend with alex wit witt." up next "your business" with j.j. ramberg. more on the investigation into the boston marathon bombings coming up on "weekends with alex witt" from noon to 2:00 eastern. stay with us here on msnbc and enjoy your sunday morning. [ male announcer ] this is betsy. her long day of pick ups and drop offs begins with arthritis pain... and a choice. take up to 6 tylenol in a day or just 2 aleve for all day relief. all aboard. ♪ a body at rest tends to stay at rest... while a body in motion tends to
we are going to hear from apple, caterpillar, exxon, an unusually high number missed their estimates. we'll get a read on the gross domestic product for the first three months of the year. many analysts predict a sharp slowdown because of the millions in the federal spending cuts. and then how about a cool $2.5 million for a nickel. it is a rare liberty head nickel. it was mistakenly minted in 1913. it is expected to get at least that much at auction this week. it is one of only five known to...
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Apr 24, 2013
04/13
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KQED
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apple sharing the repurchase authorization from $30 billion to $60 billion and apple increasing its quarterly dividend by 50%, and they're $3.05. ceo tim cook in the press release says we are very fortunate to be in the position to more than double the size
apple sharing the repurchase authorization from $30 billion to $60 billion and apple increasing its quarterly dividend by 50%, and they're $3.05. ceo tim cook in the press release says we are very fortunate to be in the position to more than double the size
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Apr 18, 2013
04/13
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apple did fall below that $400 mark. it did knock down stocks across the globe, particularly in asia. its suppliers and tech stocks generally seen as exposed to the country's weakness after it was warned that revenue for that cup wasn't going to be that strong thanks to its one big customer, i.e., apple. >>> the ftse cnbc global 300 just a little lower on the day. we'll look at european markets for that. we are rebounding a little bit after yesterday's weak session. the xetra dax downing 0.6%. that's about a quarter of the move that we saw yesterday. indeed, eegan jones did come out and downgrade moody's in its annual statement reiterating the outlook for that country. the ftse 100, ftse mib are adding better than 0.8% for italy which is going through the process of selecting its next president. there is hope that at least this will help keep the country on track. moving to the bond's space span was just out with an auction. we saw healthy demand, low themes continue for the economy generally speaking in that it hasn't h
apple did fall below that $400 mark. it did knock down stocks across the globe, particularly in asia. its suppliers and tech stocks generally seen as exposed to the country's weakness after it was warned that revenue for that cup wasn't going to be that strong thanks to its one big customer, i.e., apple. >>> the ftse cnbc global 300 just a little lower on the day. we'll look at european markets for that. we are rebounding a little bit after yesterday's weak session. the xetra dax...
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Apr 23, 2013
04/13
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we need to see -- you know -- apple's become those people in the apple ad, those weird apple ad at the super bowl and samsung's come along with this hammer and broke -- they're all apple executives and you need to see apple come up and say, you what? we have it. we have the holy grail which is a combination of this thing that you need and that thing you need. we'll focus the numbers and we'll focus on texas instruments. is it a numbers story? is apple just another stock and if it's another stock then maybe you should get a nine multiple and go higher, but i would like to see, look, if mcdonald's can come out with killer products, apple -- are they both technology companies? is that where we are right now? >> apple has come out with incredible products. amazing products that have changed the world. >> that was the old days and the yankees used to be -- >> the ipad is only three years old, man. come on, give them a break. >> no. the market won't give them a break. i like the product, but who am i? >> that's complicated. >> it was not a rhetorical -- you know, we're not trying to figure o
we need to see -- you know -- apple's become those people in the apple ad, those weird apple ad at the super bowl and samsung's come along with this hammer and broke -- they're all apple executives and you need to see apple come up and say, you what? we have it. we have the holy grail which is a combination of this thing that you need and that thing you need. we'll focus the numbers and we'll focus on texas instruments. is it a numbers story? is apple just another stock and if it's another...
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Apr 22, 2013
04/13
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CNBC
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apple is set to report results tomorrow. profits are forecast to drop 18% as samsung and other rivals take market shares in tablets and smartphones. revenues expected to increase 8%, but that would actually be one of the weakest quarters in years. citigroup analyst gwen young expects apple to report earnings at the low end of guidance, reflecting softer demand for the iphone 5 and the iphone 4 and to guide third quarter below market forecast. citi says any production delays in the upcoming iphone s could -- weakness for the stock. according to research firm burini associates, options on friday suggest it could move 7.5%, and that could take cares as high as $419 and or as low as $360. it's a big one to watch. it's included a lot of funds just because of its size. so a really important one for the market. chances are you are probably impacted. >> courtney, good to see you. i should mentions, too, the number of people who i speak with them informally talk about whether they're playing out apple. lots of people speculating in t
apple is set to report results tomorrow. profits are forecast to drop 18% as samsung and other rivals take market shares in tablets and smartphones. revenues expected to increase 8%, but that would actually be one of the weakest quarters in years. citigroup analyst gwen young expects apple to report earnings at the low end of guidance, reflecting softer demand for the iphone 5 and the iphone 4 and to guide third quarter below market forecast. citi says any production delays in the upcoming...
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Apr 23, 2013
04/13
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that creates opportunity, because when you have that -- >> opportunities for apple. >> to get into apple. cuts stocks like that. when you have a change in ownership, that's significant. it creates a wonderful opportunity. because you've got a big group leaving, a big group coming in. >> ann abigail, let me go to you. you're quite pessimistic. we welcome you on the show. you have been ae a pessimist. but things have been more optimistic. you're looking for big, big decline. i want you to talk about that. i want you to tell our viewers why you think we're really headed for a problem. >> well, the reason that i -- my work starts with the technical. so we have seen a strong rally out of november. nearly 20% move up. but it's bearish. the buyers are becoming less certain up here. and this really mimics what we have seen in the first and second quarter of 2012 and 2011, quite frankly, where we have this competing battle between not so great fundamentals and then the fed liquidity. that doesn't tend to breed trust. in fact, i would say it probably swings things the other way. so even though buy
that creates opportunity, because when you have that -- >> opportunities for apple. >> to get into apple. cuts stocks like that. when you have a change in ownership, that's significant. it creates a wonderful opportunity. because you've got a big group leaving, a big group coming in. >> ann abigail, let me go to you. you're quite pessimistic. we welcome you on the show. you have been ae a pessimist. but things have been more optimistic. you're looking for big, big decline. i...
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Apr 24, 2013
04/13
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KGO
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. >>> big changes for apple after quarterly earnings dropped for the first time in more than ten years. ceo tim cook says the company will spend $100 million to buy back shares and increase dividends. on the hardware side, cook says, quote, we've got some really great stuff coming in the fall and across all of 2014. so, stay tuned. >>> it's taken more than a year. iphone 4 owners are receiving refund checks for 15 bucks. the reason, the expense for a bumper guard to solve reception problems with the phone. apple decided to pay customers for the purchase to settle a class-action lawsuit. >>> there's a new list out that's revealing the very best and very worst jobs from this year. according to careerpath.com, which tracked the numbers, a software engineer is the third. best job. biomedical engineer comes in number two. and an actuary is number one. now, to the bad news. these are the three worst jobs. third is enlisted military personnel. then, a lumberjack. and the very, very worst job on the planet, apparently was a newspaper reporter. >> wow. all right. >>> watch out jimmy kimmel, dav
. >>> big changes for apple after quarterly earnings dropped for the first time in more than ten years. ceo tim cook says the company will spend $100 million to buy back shares and increase dividends. on the hardware side, cook says, quote, we've got some really great stuff coming in the fall and across all of 2014. so, stay tuned. >>> it's taken more than a year. iphone 4 owners are receiving refund checks for 15 bucks. the reason, the expense for a bumper guard to solve...
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Apr 24, 2013
04/13
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KNTV
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apple said it would accelerate its stock buy back as well. fewer shares outstanding mean each share is worth more, a way of upping the share price. that worked just fine. >>> broader markets this morning and turn to jackie deangelis live at cnbc headquarters. good morning, jackie. >> good morning, scott. futures higher after stocks rose for a third day yesterday. the dow posting a gain on 15 straight tuesdays. that is the first time that that has happened since 1927. now, this all came despite a few minutes of panic midday when a fake tweet from the associated press caused markets to plunge briefly before recovering. the dow dropped 147 points in just three minutes while the move briefly wiped out about $146 billion in value from the s&p 500 index. many traders were able to cancel orders and wait for more information. several firms that use computer al algorithms to track profits may have lost. yesterday the dow closed up 152 points, 14,719. the nasdaq up 35 to 3,269. back to you. >>> nintendo has had trouble selling as many of those eu devic
apple said it would accelerate its stock buy back as well. fewer shares outstanding mean each share is worth more, a way of upping the share price. that worked just fine. >>> broader markets this morning and turn to jackie deangelis live at cnbc headquarters. good morning, jackie. >> good morning, scott. futures higher after stocks rose for a third day yesterday. the dow posting a gain on 15 straight tuesdays. that is the first time that that has happened since 1927. now, this...
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Apr 24, 2013
04/13
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KTVU
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. >>> apple recorded its first declines in years. even so the cupertino company -- it also hinted it won't release any new products until the fall. apple stocks were down after trading. >>> new video tonight of a two alarm fire at a women's shelter. the women and children had evacuated. no one was hurt. the red cross is now helping find temporary shelter for those residents. >>> the santa clara county's sheriff office has released video. this video is from the 7/11 in unincorporated san jose. authorities are hoping someone can identify the man in the hooded sweatshirt. he was seen with another man in an orange sweatshirt. the victim was able to get away. the incident happened two months ago on valentine's day at 11:45 at night. >>> the parents of little leaguers made a plea to the vallejo city council for increased police reports. their request comes after two men got into an argument at a little league game last week and one fired shots at the other. at tonight's meeting city council members heard the comments just as they began to
. >>> apple recorded its first declines in years. even so the cupertino company -- it also hinted it won't release any new products until the fall. apple stocks were down after trading. >>> new video tonight of a two alarm fire at a women's shelter. the women and children had evacuated. no one was hurt. the red cross is now helping find temporary shelter for those residents. >>> the santa clara county's sheriff office has released video. this video is from the 7/11 in...
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Apr 23, 2013
04/13
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FOXNEWSW
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we're work the big apple and little apple. thank you, maria. >> gretchen: coming up, as soon as he heard about the boston bombing, this vet picked up his flag and started waving to show terrorists they will never win. wait 'til you hear why he picked this bridge. grab the tissues. >> brian: and "fox & friends" is on a mission this morning to save more than 200 dogs and this one needs a name. we need a name. anna kooiman will explain how you can help @p@ñ@p@ñ when you're carrying forda lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the 47 combined mpg c-max hybrid. resulting in unexpected power and agility. experience the adventurous, all-powerful gator rsx850i. sixty-two horsepower, a fully independent multi-link suspension and a top speed of 53 miles per hour. it's a whole new species of gator. right now, visit your dealer or johndeere.com/gator to get $8
we're work the big apple and little apple. thank you, maria. >> gretchen: coming up, as soon as he heard about the boston bombing, this vet picked up his flag and started waving to show terrorists they will never win. wait 'til you hear why he picked this bridge. grab the tissues. >> brian: and "fox & friends" is on a mission this morning to save more than 200 dogs and this one needs a name. we need a name. anna kooiman will explain how you can help @p@ñ@p@ñ when...
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Apr 24, 2013
04/13
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KICU
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. >>> apple recorded its first declines in years. even so the cupertino company -- it also hinted it won't release any new products until the fall. apple stocks were down after trading. >>> new video tonight of a two alarm fire at a women's shelter. the women and children had evacuated. no one was hurt. the red cross is now helping find temporary shelter for those residents. >>> the santa clara county's sheriff office has released video. this video is from the 7/11 in unincorporated san jose. authorities are hoping someone can identify the man in the hooded sweatshirt. he was seen with another man in an orange sweatshirt. the victim was able to get away. the incident happened two months ago on valentine's day at 11:45 at night. >>> the parents of little leaguers made a plea to the vallejo city council for increased police reports. their request comes after two men got into an argument at a little league game last week and one fired shots at the other. at tonight's meeting city council members heard the comments just as they began to
. >>> apple recorded its first declines in years. even so the cupertino company -- it also hinted it won't release any new products until the fall. apple stocks were down after trading. >>> new video tonight of a two alarm fire at a women's shelter. the women and children had evacuated. no one was hurt. the red cross is now helping find temporary shelter for those residents. >>> the santa clara county's sheriff office has released video. this video is from the 7/11 in...
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Apr 18, 2013
04/13
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CNBC
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now apple tv? i think they will come out with a tv product because that is something that tim cook said. they've got an intense interest in that area. but i think that's probably coming in the summer period at some point. i think we're going to have to wait a while for a low-end phone. so i look at all of that and in the near term, the biggest excitement quite honestly is hopefully they move the dividend up when they report the quarter. better cash return. but that's kind of what i'm looking for. if they don't do that, the stock could go quite a bit lower and there is some talk that maybe they don't do the dividend when they report the quarter. >> we'll see. or repurchase. when you say "quite a bit lower," dan, what's low enough? here you compare it to rimm and nokia is a little shocking. but ere's low enough given the prospects you're outlining? >> well, but here's the thing. right? why are you guessing as to what's low enough? until the fundamentals stop getting worse -- don't forget, this compan
now apple tv? i think they will come out with a tv product because that is something that tim cook said. they've got an intense interest in that area. but i think that's probably coming in the summer period at some point. i think we're going to have to wait a while for a low-end phone. so i look at all of that and in the near term, the biggest excitement quite honestly is hopefully they move the dividend up when they report the quarter. better cash return. but that's kind of what i'm looking...
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Apr 17, 2013
04/13
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the apple guy in front is telling me these apples are fresher than the apple quarter. >> the consensus numbers need to come down. i once joked that the new products out of apple are terrible and @jimcramer. people think i'm serious. i think apple is a good company, it's just not going to have a good quarter. okay? okay? shoot me! my fault! >> how about barclays about lulu. >> here's what i'm hearing about lulu. i am hearing that the recall actually generated a level of love for lulu, that the customers, instead of avoiding lulu because of the sheer problem no. they're going to lulu and barclays agrees. this stock has been -- look, this is where they recalled the stuff, carl. right here is where the pants didn't work. this is the pants recall! and it turns out they're pantsing the bears. the bears are pantsed. >> that's a good call. fairway hoping investors will go on a shopping spree today. if you don't know this chain, it's a grocery chain going public and largely centered in new york. get ready for day three in what has been a wild week for the markets. the opening bell in just four
the apple guy in front is telling me these apples are fresher than the apple quarter. >> the consensus numbers need to come down. i once joked that the new products out of apple are terrible and @jimcramer. people think i'm serious. i think apple is a good company, it's just not going to have a good quarter. okay? okay? shoot me! my fault! >> how about barclays about lulu. >> here's what i'm hearing about lulu. i am hearing that the recall actually generated a level of love...
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Apr 24, 2013
04/13
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. >>> ceo tim cook wants investors to think different about apple. his message after apple announced quarterly earnings pretty robust. he says it's a mature tech company not a fast growing start-up. he had mixed news for wall street. new products won't be out until fall at the earliest. we'll see what happens this morning. but right now we want to pull up apple. it looks like it will open down. >>> time now is 5:19. hackers target a major news organization and causes panic on wall street. >>> also we will continue our coverage of the marathon bombing case with a live report from boston. another sign this morning that the city is slowly getting back to normal. >>> good morning. if you are driving in the south bay, 280 northbound off to a very nice start. if you are driving -- we'll tell you more about the morning commute and the bay area weather. >>> welcome back to the ktvu charge 2 morning news. one of the fbi's most wanted fugitives is in police custody after five years on the run. 31-year-old eric justin was arrested in nicaragua over the weekend.
. >>> ceo tim cook wants investors to think different about apple. his message after apple announced quarterly earnings pretty robust. he says it's a mature tech company not a fast growing start-up. he had mixed news for wall street. new products won't be out until fall at the earliest. we'll see what happens this morning. but right now we want to pull up apple. it looks like it will open down. >>> time now is 5:19. hackers target a major news organization and causes panic on...
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Apr 24, 2013
04/13
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apple is sharing down $5 to $401 a share. pam cook, ktvu channel 2 news. >>> let's bring you up to date on some of the other top stories we're following for you right now. we're finding out new information about the suspected mastermind about the boston marathon bombs. the paper reports that tamerlan tsarnaev was living on state welfare benefits at the very same time he was embracing radical, anti-american political views. there's also word the boston marathon bombings was planned a week before the race. >>> m.i.t. is getting ready to hold a memorial service for the campus police officer allegedly assassinated last week by the bombing suspect. the memorial follows yesterday's funeral for sean collier. vice president is expected at the private service this morning. >>> here at home a very important meeting on fixing those bad bolts on the new bay bridge. it will start in about 45 minutes from right now. caltrans will tell us what they are doing to fix the problem. it's been raising safety concerns about the new eastern span. k
apple is sharing down $5 to $401 a share. pam cook, ktvu channel 2 news. >>> let's bring you up to date on some of the other top stories we're following for you right now. we're finding out new information about the suspected mastermind about the boston marathon bombs. the paper reports that tamerlan tsarnaev was living on state welfare benefits at the very same time he was embracing radical, anti-american political views. there's also word the boston marathon bombings was planned a...
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Apr 21, 2013
04/13
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CSPAN2
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you never want to put all your eggs in one basket even if an apple looked like a year or two ago a great place to put all your money, but now it's not so good. diversification always works better, and i think diversification in political philosophy works well too. >> great. we have time for one more question. could we have one up front? >> i'm glad you used the example from europe, because i'm european. i was born in country where we had two prime ministers, one zech, one from the slovac part. the country was called czechoslovakia, and it doesn't exist anymore. one way to compromise is split the country. it's a disadvantage which i wanted to mention. but from my point of view, from my european point of view is that the elections in the u.s. are too often, and the elections are too expensive. and it's maybe easier solution just to give ceilings for the budgets for the elections and not to have the elections so often. because if you're a member of the congress and you want to be reelected, you just have to -- you need strong statements. you need quick, strong tweets, that's all that you ne
you never want to put all your eggs in one basket even if an apple looked like a year or two ago a great place to put all your money, but now it's not so good. diversification always works better, and i think diversification in political philosophy works well too. >> great. we have time for one more question. could we have one up front? >> i'm glad you used the example from europe, because i'm european. i was born in country where we had two prime ministers, one zech, one from the...
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Apr 17, 2013
04/13
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CURRENT
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hot dogs, apple pie, baseball all less popular. they really blew it in the united states senate today. it's a shameful death. >> cenk: i don't even watch baseball any more. part of the answer is the nra. joe manchin had an a-rating from the nra. i was surprised he went this far. listen to what he said this morning. >> they're telling members that our legislation i quote criticize the private transfer of firearms by honest citizens. this bill does not even touch--it does not even touch it. >> that's just a lie. if they lose credibility they've lost everything in washington. >> cenk: but that's the part that amuses me. oh, really like if you lose credibility in washington you've lost everything? my guess is if you have the money you haven't lost a thing. and nra had credit ability? but they did burn bridges. they had a lot of people in their pocket, and manchin was one of them. >> don't you think the bridge hurts manchin more than the nra? i feel like the nra came out of here unscathed and it feels like we're worse off than aurora an
hot dogs, apple pie, baseball all less popular. they really blew it in the united states senate today. it's a shameful death. >> cenk: i don't even watch baseball any more. part of the answer is the nra. joe manchin had an a-rating from the nra. i was surprised he went this far. listen to what he said this morning. >> they're telling members that our legislation i quote criticize the private transfer of firearms by honest citizens. this bill does not even touch--it does not even...
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Apr 24, 2013
04/13
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CNNW
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shareholders asking if apple's magic is fading. apple's response? it's going to reach in and give money back to shareholders. apple will give you a 2.7% return for holding apple shares. it's not as big as other stocks. it's called a dividend yield. intel 3.9%. at&t, 4.6%. altria, 5% of the dividend yield. it's way more than you get in a savings account. apple shareholders need good news. the stock down 30% the past year. apple shares up slightly in the premarket. its profits slipped a little bit, but it's still selling a lot of devices, 37.4 million iphones during three months. that averages out to 288 iphones every single minute for three months straight. apple sold 20 million ipads. but people aren't buying as many of the latest, most expensive models. they're choosing the cheaper versions like the iphone 4s, the ipad mini, and that's one reason why the stock is down because they make more money on the higher end, newer products. absolutely. >> most people who do buy apple, they have to have the latest and greatest. i guess the frietrend is kind o
shareholders asking if apple's magic is fading. apple's response? it's going to reach in and give money back to shareholders. apple will give you a 2.7% return for holding apple shares. it's not as big as other stocks. it's called a dividend yield. intel 3.9%. at&t, 4.6%. altria, 5% of the dividend yield. it's way more than you get in a savings account. apple shareholders need good news. the stock down 30% the past year. apple shares up slightly in the premarket. its profits slipped a...
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Apr 24, 2013
04/13
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apple also raising its dividends so apple shareholders will get a little bit of a payback if they hold the stock. john, back to you in boston. >> all right, thanks so much, christine. next, we just have an incredible story to tell you about. the hero who found the surviving boston bombing suspect. he will tell you how it all went down. and reports that dzhokhar tsarnaev is doing better this morning and there are demands that he be moved. dr. sanjay gupta joins us. as does former u.s. attorney general alberto gonzales. he has crucial insight into this. you're watching a special edition of "starting point" live from boston. hwelcome back.. nice to see you again! hey! i almost didn't recognize you without the suit. well, this is my weekend suit. weekend getaways just got better. well, enjoy your round! alright, thanks! save a ton on our best available rate when you book early and feel the hamptonality. and be good for your face? [ female announcer ] now there's new neutrogena® naturals acne cleanser. acne medicine from the wintergreen leaf treats breakouts. no parabens or harsh sulfates.
apple also raising its dividends so apple shareholders will get a little bit of a payback if they hold the stock. john, back to you in boston. >> all right, thanks so much, christine. next, we just have an incredible story to tell you about. the hero who found the surviving boston bombing suspect. he will tell you how it all went down. and reports that dzhokhar tsarnaev is doing better this morning and there are demands that he be moved. dr. sanjay gupta joins us. as does former u.s....
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Apr 22, 2013
04/13
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FOXNEWSW
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. >> apples and oranges. you know, terry didn't say anything that was untruthful. they did exactly what they were asked to do back in 2011. f.b.i. conducted the interviews. whatever level of interview and experience the agent was, he concluded there was no information that would go forward to pose a terrorist threat. that being said, we had the information and the reason to do the interview. there is an entire section in the patriot act for sharing intelligence with local law enforcement agencies. that is the first question. did boston pd know this information and know that this person was interviewed? answer is no. second, exactly where is the f.b.i. agent that did this interview? has he disappeared from the planet? is he in the boston office? was he involved in the task force? did he see the photographs? did he get involved in this at all? did he know there was a bombing? did he come forward and say i interviewed a guy in boston that is russians thought was a jihad radical. how many times did russia send a clue about a jihadist extremist in boston? where is the i
. >> apples and oranges. you know, terry didn't say anything that was untruthful. they did exactly what they were asked to do back in 2011. f.b.i. conducted the interviews. whatever level of interview and experience the agent was, he concluded there was no information that would go forward to pose a terrorist threat. that being said, we had the information and the reason to do the interview. there is an entire section in the patriot act for sharing intelligence with local law enforcement...
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Apr 23, 2013
04/13
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CNNW
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starting with apple's earnings, its quarterly results are expected to shrink for the first time in a decade. decade. iphone sales are in a slump. shares have plunged 55% over the past six months. >>> can you remember life before youtube? the website turned 8 years old today. >> here we are, one of thealfants. >> this clip is the very first youtube video. that is the website cofounder at the san diego zoo. >> business partners sold to google for a whopping $1.65 billion. ♪ >> that is the most watched video on youtube. "gangnam style" with more than $1.5 billion views. >> youtube has become the number one source of viral videos, cat videos in particular like this post showing a cat playing with a vacuum cleaner. what is it about cats on youtube? i don't know. this is one of the most watched videos this week. >> you are watching cnn news room live. we will have more on the boston investigation. >> stay with cnn. [ tires screech ] [ beeping ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recondition each one, until it's nothing short of a
starting with apple's earnings, its quarterly results are expected to shrink for the first time in a decade. decade. iphone sales are in a slump. shares have plunged 55% over the past six months. >>> can you remember life before youtube? the website turned 8 years old today. >> here we are, one of thealfants. >> this clip is the very first youtube video. that is the website cofounder at the san diego zoo. >> business partners sold to google for a whopping $1.65...
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Apr 17, 2013
04/13
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CNBC
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>> apple. >> because it's an ipad. >> exactly. ipads there and other companies, google nexus is a big one. samsung has some coming down the line here. we'll diversify away from the ipad but intel is underrepresented there. >> what about these new half tablet, half pc things that are half clam shell but you can pull them apart. does intel have a chance to lead there? >> there are a number of factors. the one you're referring to is a convertible. they are really focused more on ultrabooks and sliders where you can actually slide the top display and flip it over and it turns into a tablet. >> they are expensive and haeav, right? >> some ultrabooks will be priced at 499 this year. that's a new low price point for them. >> the stuff with intel in that their bragging rights have to do with manufacturing process and how well they're doing there. is that a reason to buy the stock? when gross margins go up, i heard that you buy stock when margins are rising and sell it when they're going back down. are either one of those factors enough to offset what's happening in pcs? >> a sticking point wi
>> apple. >> because it's an ipad. >> exactly. ipads there and other companies, google nexus is a big one. samsung has some coming down the line here. we'll diversify away from the ipad but intel is underrepresented there. >> what about these new half tablet, half pc things that are half clam shell but you can pull them apart. does intel have a chance to lead there? >> there are a number of factors. the one you're referring to is a convertible. they are really...
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Apr 19, 2013
04/13
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provide coverage that was both affordable, make sure we try to control costs, and at the same time apple five the universe of what americans would be for the covered in the present or not. it creat e necessity for a copy of physicians encourage. and cutting this particular field, i understand the challenges and trade-offs, is just undermining the very essence of some of the goals that we have intended under the affordable care act. ho bth as we move forward in our deliberations. thank you, madam secretary,. >> madam secretary, i would like to just ask a bit more about the concept of one-stop shopping one resource center, one place for businesses to go to so that i have to deal with so many agencies with respect to the invitation of the affordable care act. does that make any sense to? >> senator, there will be a one stop shop with the shop exchange up and running in january 14. so business owners will be able to into the marketplace through a one stop area, get the information about what is available, have a choice of plans. is the business owner qualifies for the employer tax credit bas
provide coverage that was both affordable, make sure we try to control costs, and at the same time apple five the universe of what americans would be for the covered in the present or not. it creat e necessity for a copy of physicians encourage. and cutting this particular field, i understand the challenges and trade-offs, is just undermining the very essence of some of the goals that we have intended under the affordable care act. ho bth as we move forward in our deliberations. thank you,...
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Apr 23, 2013
04/13
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just very quickly because i know that apple has run. on north korea and the peninsula, i will just repeat again, president park has a new policy called trust politic, and she wants to reach out to the north. she can't do that in the middle of this kind of process. my hope would be that the chinese will come to the table in a way that they never have before. that we can work with the chinese to redefine what's in all of our interests, which is a kind of stability in the peninsula moving north to denuclearization, and ultimately hopefully and integration into the community of nations. based on economic reform, which china, the united states, others could become engaged in. and that could ultimately even open up the possibility of president parks outreach to be able to have an impact. absent china coming to that table, i believe kim jong-un calculates literally calculates that i can get away with anything if china isn't going to hold me accountable. and so that's where we are stuck mr. adam kinzinger. >> thank you, mr. chairman. thank you
just very quickly because i know that apple has run. on north korea and the peninsula, i will just repeat again, president park has a new policy called trust politic, and she wants to reach out to the north. she can't do that in the middle of this kind of process. my hope would be that the chinese will come to the table in a way that they never have before. that we can work with the chinese to redefine what's in all of our interests, which is a kind of stability in the peninsula moving north to...
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Apr 23, 2013
04/13
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KRON
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not doubt nasdaq and s&p bay area based apple will post earnings after the market closes. the commerce department announces morning that sales of new homes rebounded in march to the senate passed the sales pace in three years rising 1.5% to a seasonally adjusted annual rate of 417,000. that's still below the 700,000 pace considered healthy by most economists that is up 18.5% from a year ago. we will take it as a good sign. also following the latest whip bay area based on net flicks making headlines this morning. the company's decision to feature original programming on its internet video service appears to be pulling in more customers. in early february the company debuted a house of cards, a critically acclaimed series made exclusively for netflix. the move helped add to million u.s. subscribers during the first three months of the year. the company's stock surged 22% to $213 in overnight trading on that news. right now is at $216 a share. netflix saw losses this time last year, so this is a good week for netflix. >> tax-free shopping on the internet could be over under a
not doubt nasdaq and s&p bay area based apple will post earnings after the market closes. the commerce department announces morning that sales of new homes rebounded in march to the senate passed the sales pace in three years rising 1.5% to a seasonally adjusted annual rate of 417,000. that's still below the 700,000 pace considered healthy by most economists that is up 18.5% from a year ago. we will take it as a good sign. also following the latest whip bay area based on net flicks making...
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Apr 17, 2013
04/13
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KRON
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facebook says that is bringing it chat head feature to its apple apps . it is called sad head because france profile photographs pop up when they send you a message very sad head is part of a broader integration that facebook is doing with a new home app on some of running google android operating system. >> as americans rush to donate to the victims' on monday's boston marathon bombing, a watchdog groups are warning of potential on line scanners already looking to profit from the tragedy. within hours of the bombing, dozens of website domain names reference in the bombing or registered. to avoid being scanned, experts caution dollars should look first at the low status national or regional charities were promoting relief efforts. also most states require charities to register with a sedative for soliciting for donations. >> and the weather. a little really uncalled for some. we have a nice warm up to look for to heading into the back half of the week into the weekend. we have erica with a full look at your forecast coming you kids should count yourselves
facebook says that is bringing it chat head feature to its apple apps . it is called sad head because france profile photographs pop up when they send you a message very sad head is part of a broader integration that facebook is doing with a new home app on some of running google android operating system. >> as americans rush to donate to the victims' on monday's boston marathon bombing, a watchdog groups are warning of potential on line scanners already looking to profit from the...
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Apr 19, 2013
04/13
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CNNW
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even the big apple circus, gives you the sense of the state boston is in. there is a preponderance of caution as you can imagine. wasn't to che i want to check in with don lemon -- i should say postponed, not canceled -- who is in watertown right now. tell us what you've been witnessing over the last couple of minutes. >> anderson, i've never seen anything like this domestically. i've been witnessing thousands upon thousands of police officers, hundreds upon hundreds of police officers here going door to door, searching every single home. and i've been seeing as you'll see now, fire trucks, rescue units, tactical vans, armored vehicles, massive police presence, go in and out of this area. i've seen the perimeter move from neighborhood to neighborhood. and it has gotten closer to us every single moment here. and there you go, you see the watertown fire department rushing off to some place. and behind them, an unmarked police vehicle. and that's been the scene here really throughout this morning and throughout the entire evening here. we got to witness severa
even the big apple circus, gives you the sense of the state boston is in. there is a preponderance of caution as you can imagine. wasn't to che i want to check in with don lemon -- i should say postponed, not canceled -- who is in watertown right now. tell us what you've been witnessing over the last couple of minutes. >> anderson, i've never seen anything like this domestically. i've been witnessing thousands upon thousands of police officers, hundreds upon hundreds of police officers...
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Apr 23, 2013
04/13
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KTVU
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apple reports earnings after the market closes. stocks -- stocks down 40%. tabling a live look at the big board, the dow is up 139. the nasdaq up 38. s&p up 15. >>> police in oakland are searching for a suspected gunman who was focus of an eight-hour s.w.a.t. standoff. this morning, police surrounded the lockwood gardens housing complex on 65th avenue but they didn't find the man he was looking for. >>> the surviving bombing suspect in boston remains under armed guard in the hospital this morning. the fbi says jahar tamerlan tsarnaev is still having a problem speaking after being shot in the neck. but yesterday he was able to say no when asked if he could pay for a lawyer. lawmakers in france voted to legalize same-sex marriage after months of street protests with people very sharply divided on this issue. france now becomes the 14th country to legalize gay marriage. >>> more rain and snow expected in the midwest today for towns already hit hard by towns. illinois had ten inches in ten days. this school bus you can see here, plowing through deep water. the b
apple reports earnings after the market closes. stocks -- stocks down 40%. tabling a live look at the big board, the dow is up 139. the nasdaq up 38. s&p up 15. >>> police in oakland are searching for a suspected gunman who was focus of an eight-hour s.w.a.t. standoff. this morning, police surrounded the lockwood gardens housing complex on 65th avenue but they didn't find the man he was looking for. >>> the surviving bombing suspect in boston remains under armed guard in...
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Apr 16, 2013
04/13
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CSPAN
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he was the apple of their eye, quite an interesting little character, according to her letters. and they were devastated by his death and jane was in mourning quite a long time over frankie's death. >> i think a big house especially with only one child now was too much for jane to take care of. i don't think she was interested in housekeeping particularly. i think she just wasn't capable of taking care of a house. pierce went off to fight in the mexican war in 1847 and they sold the house when he came back in 1848 and then they lived in a boarding house again in concord and lived in a boarding situation for the rest of their lives. >> we return to washington and the story of the white house because a fairly amazing thing, at least to my ears, seemed to happen which is two years into this darkness and mourning and reclusive life on the second floor of the white house, she comes out of it. how did that happen and what was this new jane pierce like? >> it happened because that was the end of the mourning period. normally, as i said earlier, it would have been just 12 months mournin
he was the apple of their eye, quite an interesting little character, according to her letters. and they were devastated by his death and jane was in mourning quite a long time over frankie's death. >> i think a big house especially with only one child now was too much for jane to take care of. i don't think she was interested in housekeeping particularly. i think she just wasn't capable of taking care of a house. pierce went off to fight in the mexican war in 1847 and they sold the house...
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Apr 19, 2013
04/13
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the boston bruins and the big apple circus also have postponed tonight's events. good reasoning for that. let's get the latest now, brian todd joining us. you've taken a close look moment by moment as we await the start of the news conference with the latest from law enforcement authorities. give us a picture of what has happened here for our viewers in the united states and around the world. >> it's an incredible picture, wolf. for the past 16 plus hours this has been one of the most intense man hunts in american history but it was at the point a little more than 24 hours ago when law enforcement gave us the first clear visual images of these suspects that really seem to set it all in motion. the release of the images on thursday afternoon let the suspects know the feds were on to them. even if the authorities didn't know their names yet or where to find them. >> we consider them to be armed and extremely dangerous. >> reporter: around 10:00 p.m. that night it all began to unravel. the suspects allegedly robbed a convenience store outside of boston in cambridge n
the boston bruins and the big apple circus also have postponed tonight's events. good reasoning for that. let's get the latest now, brian todd joining us. you've taken a close look moment by moment as we await the start of the news conference with the latest from law enforcement authorities. give us a picture of what has happened here for our viewers in the united states and around the world. >> it's an incredible picture, wolf. for the past 16 plus hours this has been one of the most...
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Apr 19, 2013
04/13
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. >> i think you're mixing apples with oranges. are talking about on 90% is a number that the gao uses as an effectiveness ratio. it is a chelation of apprehension -- calculation of apprehension of the thames. technology is the part that will help us more confident in the -- in apprehensive. obviously everyone's when hundred percent of everything. wants 100% of everything. it will not happen. someone who has lived at the border the whole time, you can make it safe and sas can w h the forces you have. ththe at is al that we strive for. the 3500 additiol personnel for the ports of entry -- are for the ports of entries themselves. the ports have become so clogged and the lines get so long. that becomes an incentive to go around and try to sneak in through some other way. the 3500 and designed to meet what we need to accurately staff the ports. isthe 90% that the gao describing is the u.s. and border whether it is north, south, over water, or land, just the land period. >> those are the numbers from a recent report. >> i want to be sur
. >> i think you're mixing apples with oranges. are talking about on 90% is a number that the gao uses as an effectiveness ratio. it is a chelation of apprehension -- calculation of apprehension of the thames. technology is the part that will help us more confident in the -- in apprehensive. obviously everyone's when hundred percent of everything. wants 100% of everything. it will not happen. someone who has lived at the border the whole time, you can make it safe and sas can w h the...
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543
Apr 24, 2013
04/13
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KNTV
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apple's profits falls for the first time in a decade and the firm is forecasting slower growth. still, the maker of ipads and ipods plans to return $100 billion to investors by 2015 in the form of stock buybacks and higher dividends. apple's rival, samsung, begins opening its stores within a store at 1,400 best buys nationwide today. and the market's on a three-day win streak following tuesday's gains. back to you. >> mary thompson at the new york stock exchange, thank you. >>> a police officer in columbia performed an amazing save when a man on a commuter platform allegedly tried to hurl himself in front of an oncoming plane. while the police officer nabbed him by the back of his shirt, threw him to the ground, saved his life. thank goodness for that. 7:15 right now. back to matt, savannah, and al. >> all right, thank you so much. >>> mr. roker's got a check of the weather. >> got a lot of cold air to talk about, especially out west. let's show you what we've got. first of all, we're talking about frost advisories, freeze warnings, and hard freeze warnings, stretching from the
apple's profits falls for the first time in a decade and the firm is forecasting slower growth. still, the maker of ipads and ipods plans to return $100 billion to investors by 2015 in the form of stock buybacks and higher dividends. apple's rival, samsung, begins opening its stores within a store at 1,400 best buys nationwide today. and the market's on a three-day win streak following tuesday's gains. back to you. >> mary thompson at the new york stock exchange, thank you. >>> a...
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Apr 21, 2013
04/13
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CSPAN2
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he did make an effort to make it more nutritionally balanced by adding fresh carrots and apple slices and immediately realized they would not last more than a week. much less the months that the lunchables needs to stay either in the warehouses or the supermarket waiting for someone to buy it. and after, i mean, it became a huge hit. the first year it exceeded, i think it hit $218 million in sales. it was astounding. nobody had expected it to take off like that. they came up with other lunchables including pizza lunchables, hamburgers, hot dogs, all eaten cold by kids. and when they stopped to think about it, they realized that it wasn't the food that the kids were attracted to, it was the badge value, the status symbol of bringing this cute, adorable lunchables to the lunchroom, opening it up, and all your friends gathering around and seeing you put it together and eat it. so -- and they came up with this incredible marketing slogan hitting on that which is for kids, all day you've got to do what they say, but lunchtime is all yours. the marketing power as much as using salt, sugar,
he did make an effort to make it more nutritionally balanced by adding fresh carrots and apple slices and immediately realized they would not last more than a week. much less the months that the lunchables needs to stay either in the warehouses or the supermarket waiting for someone to buy it. and after, i mean, it became a huge hit. the first year it exceeded, i think it hit $218 million in sales. it was astounding. nobody had expected it to take off like that. they came up with other...